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Sports wagering revenue in Maryland reaches $54.9m for January

The revenue figure represents a slight decrease of 0.2% year-over-year, while Maryland’s total sports betting handle for January 2026 was $615.8m, representing a fall of 0.5%.

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Sports wagering revenue in Maryland reaches $54.9m for January
Key Points
Maryland’s sports betting operators contributed just over $10.9m to the state’s Blueprint and General Funds during January 2026
Operators also paid out more than $539.1m in winnings for January 2026, creating a hold of 12.5% during the monthly period

Maryland Lottery and Gaming has reported the state’s sports wagering activity for January 2026, as operators combined to generate nearly $54.9m of revenue during the monthly period, equating to a decrease of 0.2%. 

Sports betting operators currently conducting business in the state took in just over $615.8m of wagers during January 2026, representing a fall of 0.5% year-over-year. Operators also paid out more than $539.1m in winnings to Maryland bettors, creating a hold of 12.5% for January 2026.

With revenue generated by retail and online sports betting operators taxed at 15% in Maryland, contributions to the state’s General and Blueprint Funds totaled more than $10.9m during January 2026. 

Since Maryland first legalized sports wagering operations in December 2021, contributions to the state’s Blueprint Fund have reached $244.9m, while the General Fund has received just over $22m. 

On February 6, Maryland Lottery and Gaming released the state’s total casino revenue for January 2026, as the six properties which report to the regulator combined to generate $147.9m, representing a decrease of 2.6%.

Maryland Lottery and Gaming seemed to indicate a winter storm may have been the cause of a decrease in total casino revenue, as the storm “made traffic difficult for several days” during late January 2026.

MGM National Harbor, despite reporting the highest revenue of any Maryland property during the monthly period, witnessed a decrease of 8.5% to just over $61.8m. Live! Casino & Hotel produced the second highest revenue for January 2026 with $56.4m, having increased 2.2% from the prior year period.

Good to know

The SGLA testified in Maryland on February 5 to urge lawmakers to form ‘proper regulation’ around sweepstakes casinos, rather than pass HB 295 which could ban and criminalize social plus games

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